Honda Cars India rides high on New Amaze, registers domestic sales of 11,272 units in April 2019

Honda Cars India Ltd. (HCIL) registered monthly domestic sales of 11,272 units in April 2019 against 9,143 units in April 2018 registering a growth of 23%.

Mr. Rajesh Goel, Senior Vice President and Director, Sales and Marketing, Honda Cars India Ltd said, “HCIL’s April sales growth is primarily due to lower base effect, as there was no Amaze in corresponding month last year during model runout. The ongoing elections and overall subdued market sentiment continues to affect the sales momentum. Going forward, the industry is heading towards a tougher year impacting sales due to volatility in fuel prices, increase in car prices owing to new regulations and stricter inventory control for smooth switchover to BS6 regime by year end.”